Overview

Frameworks are a set of structured and generic analytics with pre-specified inputs, calculations to be executed on the inputs and resulting outputs metrics.

How is this used?

Frameworks are intended to be executed during the execution of a policy. The outputs of a framework execution can be used to create valuation functions such as Return or NPV that can be used to make credit decisions.

Info

Frameworks can be executed multiple times using multiple scenarios during the course of a single policy execution with each execution taking specific inputs (i.e., Base Scenario inputs vs. Recession Scenario inputs). Scenarios are referred to as Framework Invocation Scenarios during the Framework registration process.

Create a Framework

Users can create a framework by accessing the Framework tab under Product & Framework and clicking on Create.

Example to create a Framework

Case Study

User wants to register a Return calculation framework that consists of a set of required inputs (loan amount, interest rate), a set of calculations (Default Within 18-Months prediction) and a set of output metrics (Losses and Interest Payments). A User wants to use the output metrics to calculate the Return = Interest Payments - Losses

• Framework can be created using the Framework registry page

  • Framework Details

  

  • Inputs specification

  

  • Definition specification

  

  • Outputs specification

  

  • Valuation Function specification

  

  • Metric(s) specification

  

  • User creates framework execution instances